Tag: dealership news
Hyundai and Kia see sales growth over April, gain steam after...
Hyundai and Kia continued to see strong U.S. sales post-first-quarter, according to April sales reports released Tuesday, May 2.
Hyundai's monthly U.S. sales totaled 70,812...
Do manufacturers actually want to replace the franchise system? – Don...
Dealers are increasingly worried that the franchise system is under attack from major OEM brands, who may stand to gain more from a direct-sales...
New interest rate hike likely for May, but relief may still...
The Federal Reserve is set to deliberate another interest rate hike starting May 2 after inflation edged upward once more.
The increase would bring the...
Could low sales push automakers to abandon the EV market? –...
All eyes are on the electric vehicle market as automakers, politicians and consumers push for clean energy. But what do the numbers actually show...
Mercedes-Benz sees revenue, earnings increase despite Russian exit
In its first-quarter financial report released on April 28, Mercedes-Benz reported substantial growth thanks across its automotive segments but noted that economic conditions remained uncertain.
According...
March inflation increases 0.3%, in spite of interest rate hikes, bank...
Newly released economic data suggests that inflation increased in March, as predicted by market analysts.
The core personal consumption expenditures (PCE) price index captured a...
Latest trends in auto retail: what Q1 tells us about 2023...
Automotive retailers are reporting solid results from the first quarter, but will the favorable conditions carry over into the summer? On this edition of...
Group 1 Automotive beats Q1 revenue forecast, but sees net income...
Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period.
A Zacks...
Why dealer transparency is key to healthy OEM relations — Peter...
Tensions between OEMs and retailers have never been more strained, but could both sides benefit from simply taking a step back and re-examining their...
Closer Look: Digital security and proprietary access for CDPs
On the last episode of Auto Marketing Now, host Brian Pasch, founder of PCG companies and auto marketing expert, discussed how marketing automation platforms...
